After a recent deadly 7.5 magnitude earthquake hit Papua New Guinea, ExxonMobil Corp. shut down a local natural gas facility out of concern that critical field infrastructure and a pipeline were damaged. Amid uncertainty about when the $19 billion liquid natural gas facility might be able to reopen, it has been reported that Exxon declared force majeure in an attempt to protect the company from any liability due to its inability to fulfill supply obligations. Click here to read the full article*

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